Banks Difficult to Work With When Atempting to Stop Foreclosure

August 7th, 2009

Many foreclosure specialists and mortgage brokers often find it very difficult to work with the mortgage company, especially when a loan is with the foreclosure or loss mitigation department. Getting a call back in a timely manner is near-impossible, regardless of the fact that these same lenders spend money hiring collection agents to call the [...]

Filled Under: real estate

Foreclosure Process in Washington

August 7th, 2009

WashingtonThe state of Washington uses both in-court and out of court foreclosure proceedings.  Judicial or in-court foreclosure is used when the language in the mortgage or deed of trust does not contain a power of sale clause.  Should this be the case, the bank must get the court’s permission to foreclose or in otherwords the need to [...]

Filled Under: real estate
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